While the northern part of Brazil is struggling to get soybeans harvested, CHS Hedging market analyst Steve Wagner says the rest of the country will have a good crop. “It’s not any different in South America than it is in the United States. When you get to that time of the year, you get showers in that part of the country, but it’s not the entire country,” says Wagner. “It isn’t a question of if, it’s a question of when the crop hits the market. I don’t know if the crop is getting smaller. Everything I’ve seen so far looked like a good crop. Whether it’s a record crop, we’ll wait and see.”
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